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FAR September Webinar - Accounting Updates for 2022

  • 14 Sep 2021
  • 1:00 PM - 2:00 PM
  • Webinar

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  • All Membership Levels - Free

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FAR Webinar: Accounting Updates for 2022 - New ASUs to be adopted in 2021 and 2022

Tuesday, September 14, 2021 | 1:00 pm - 2:00 pm EDT | Zoom

Description: 2022 will be here before we know it, is your organization ready for all the new accountings standard updates?

Join Greg Plotts, CPA, Partner and Mark Robins, CPA, Partner  of  Aronson LLC as they discuss Financial Accounting Standards Board (FASB) Accounting Standards Updates (ASUs) that were effective in 2021 and that will be effective in 2022 and 2023.

ASU to be covered:

Effective 2021:

  • ASU 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20) Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans
  • ASU 2018-15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract

Effective 2022:

  • 2019-12, Simplifying the Accounting for Income Taxes
  • 2020-01, Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the FASB Emerging Issues Task Force)
  • 2020-07, Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets
  • 2020-10, Codification Improvements

Learning Objectives:

  • Discuss ASUs and their effective dates applicable to nonprofit organizations. 
  • State financial statements and disclosure impacts of ASUs.
  • Review implementation requirements of ASUs to be adopted.

Field of Study:  Accounting

Prerequisites:  No prerequisites required.

Advanced Preparation:  None

Program Level:  Overview

If you would like to receive your CPE or CAE for this event, please email hq@far-roundtable.org          

FAR is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.   Field of Study: TBD Program level is basic – update. There are no pre-requisites nor advanced preparation. It is Group-Live delivery method. Sponsor ID: 109395

FAR is a CAE Approved Provider. Program(s) will be evaluated monthly to meet the requirements for fulfilling the professional development requirements to earn or maintain the Certified Association Executive credential. Every program that we offer which qualifies for CAE credit will clearly identify the number of CAE credits granted for full participation, and we will maintain records of your participation in accord with CAE policies. For more information about the CAE credential or Approved Provider program, please visit www.asaecenter.org/cae.

Non-Members Registrants: If you cannot make the event, your payment will be applied to a future webinar.  

For more information about this educational program, suggestions or complaints please contact the FAR office at: 1325 G Street NW, Suite 500, Washington, DC 20005 or email (hq@far-roundtable.org). 



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